Inspire Advisors LLC Acquires New Holdings in Archer Daniels Midland Company $ADM

Inspire Advisors LLC bought a new position in shares of Archer Daniels Midland Company (NYSE:ADM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,974 shares of the company’s stock, valued at approximately $3,060,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Headlands Technologies LLC purchased a new position in shares of Archer Daniels Midland during the 1st quarter worth approximately $25,000. SOA Wealth Advisors LLC. acquired a new stake in Archer Daniels Midland during the 2nd quarter valued at $25,000. Trust Co. of Toledo NA OH purchased a new position in Archer Daniels Midland during the second quarter worth $32,000. Pandora Wealth Inc. acquired a new position in shares of Archer Daniels Midland in the first quarter worth $39,000. Finally, Westpac Banking Corp lifted its position in shares of Archer Daniels Midland by 38.0% in the second quarter. Westpac Banking Corp now owns 733 shares of the company’s stock valued at $39,000 after acquiring an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Price Performance

Archer Daniels Midland stock opened at $58.72 on Tuesday. Archer Daniels Midland Company has a 1 year low of $40.98 and a 1 year high of $65.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. The firm has a 50 day moving average price of $60.68 and a 200 day moving average price of $56.43. The company has a market cap of $28.22 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 4.78 and a beta of 0.70.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The company had revenue of $20.37 billion for the quarter, compared to analyst estimates of $20.96 billion. During the same quarter last year, the business earned $1.09 EPS. Archer Daniels Midland’s revenue for the quarter was up 2.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. Sell-side analysts predict that Archer Daniels Midland Company will post 4.31 earnings per share for the current year.

Archer Daniels Midland Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.51 per share. The ex-dividend date is Wednesday, November 19th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.5%. Archer Daniels Midland’s payout ratio is presently 83.27%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. UBS Group reiterated a “buy” rating and set a $70.00 price objective (up previously from $60.00) on shares of Archer Daniels Midland in a research report on Monday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Archer Daniels Midland from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. restated an “underweight” rating and set a $59.00 target price (down previously from $61.00) on shares of Archer Daniels Midland in a research report on Wednesday, November 5th. Finally, Zacks Research downgraded Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland presently has an average rating of “Reduce” and an average target price of $55.25.

Archer Daniels Midland Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.